Initial Disbursement Amount definition

Initial Disbursement Amount means the meaning given to it in Section 8.3(c)."
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Initial Disbursement Amount means (A) the product of $6,500,000 times the Participating Percentage, minus (B) $600,000.
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Examples of Initial Disbursement Amount in a sentence

  • Neither the Initial Disbursement Amount, nor the Initial Disbursement Amount together with any Subsequent Disbursement Amounts, shall ever exceed the Loan Amount.

  • A – Initial Disbursement Amount, Subsequent Disbursement Commitment and Warrants Katten N/A 4.

  • Neither the Initial Disbursement Amount, nor the Initial Disbursement Amount together with any Subsequent Disbursement Amounts, shall ever exceed the Initial Loan Amount or the Increased Loan Amount, as applicable.

  • Prior to disbursing the Initial Disbursement Amount, Lender shall have received an appraisal from American Valuation Services, Inc.

  • The entire Initial Disbursement Amount shall be made in Escrowed Shares, with each Escrowed Share having a value equal to Ten ($10.00) or, if the Escrowed Shares are listed on a national securities exchange, the Market Price.

  • At the Closing, the Buyer shall execute a Uniform Commercial Code financing statement relating to the Initial Disbursement Amount, which the Shareholders' Representative may file as a protective measure and shall not be deemed [***] Confidential treatment has been requested for redacted portion.

  • The Escrow Agent shall promptly distribute, at the direction of the Sellers’ Representative, the Initial Disbursement Amount to each of the Sellers in an amount equal to such Seller’s Escrow Amount Pro Rata Portion of the Initial Disbursement Amount.